Michael Cooney
Senior Editor

5 million Euro swindled

Opinion
Oct 14, 20051 min

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A conman posing as the European equivalent of a secret service agent managed to swindle some 5 million Euro from various banks. According to the Times Online:

Posing as a DGSE agent, [the swindler] said that some of the transactions were terrorist money-laundering operations and that the secret services needed to follow the money. But they could do so only if it were transferred to accounts abroad, he said.

The bankers believed him. Two payments of